Here's another reason to be a buyer.
Let's check out the charts of the silver ETF SLV today.
It's early in the process.
Low expectations for China-trade talks and uncertainty about Fed action leave traders wary.
The long wait is over.
Contrary to logic, breadth was strong Thursday, bonds rose, metals were bought and even Walt Disney rose by more than 4%.
The charts suggest we could see a good trading move for the precious metal.
The charts of this rare-earth ETF show a big rise in volume, but also big swings in pricing. Use caution.
Rare earths are surprisingly common, but 90% of production comes from China and the Chinese administration is taking aim at shipments to the United States.
Let's go through the bearish signals one by one.